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TGT Jan 2024 270.000 put

OPR - OPR Delayed price. Currency in USD
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118.080.00 (0.00%)
As of 10:35AM EDT. Market open.
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Previous close57.00
Open57.00
Bid0.00
Ask0.00
Strike270.00
Expiry date2024-01-19
Day's range57.00 - 57.00
Contract rangeN/A
Volume1
Open interestN/A
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    Target Stock: Bull vs. Bear

    Target (NYSE: TGT) has transformed itself over the last decade, going from a middling big-box chain to a unique omnichannel retailer with a number of competitive advantages. The company has invested in store-based fulfillment, coaxing customers into picking up their online orders, which is a more cost-effective way of fulfilling them than shipping from warehouses. Consequently, the stock has been a big winner over the last decade, but more recently it's struggled as shopping habits have shifted back to services and the company has struggled to manage its inventory.

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    Rising interest rates prompted many investors to rotate from dividend stocks toward higher-yielding fixed-income investments like bonds, T-bills, and CDs over the past year. Over the past two decades, a modest $3,000 investment in Taiwan Semiconductor Manufacturing (NYSE: TSM), Procter & Gamble (NYSE: PG), and Target (NYSE: TGT) would have blossomed into roughly $87,000, $17,000, and $23,000, respectively, if you had reinvested their dividends through a dividend reinvestment (DRIP) plan.

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